THE Nationwide, Britain’s biggest building society, today U-turned on plans to launch into business banking as rival banks faced a welter of criticism over their failures to lend under the Government’s coronavirus scheme. The Nationwide’s decision...

I may be wrong here, but I seem to recall Nationwide intended to fund their business offering using money from the RBS bailout fund. If that’s the case, did they exhaust their allocated funding and then decide “nah… can’t be bothered to continue”…?